Market Snapshot
Answer your questions regarding a particular market.
What is the supply of unsold homes in my neighborhood?
How fast are homes selling right now?
How do actual selling prices compare to listing prices?
How do these trends affect my home worth?
Pricing >Strategic Pricing
When you decide to sell your home, your next decision is key to the sale--"How much should I ask?" If you ask too little for your home, you could potentially lose money. Asking too much for your home could cause it to sit on the market for a long time.
Your real estate agent wants to sell your home as soon as possible, for the best price. The agent will use a Competitive Market Analysis to determine the price for your home. The sales professional may advise you to reduce the asking price if buyers fail to surface after a certain period of time on the market.
If you are serious about selling your home, you should take your real estate agent's advice. In case the first price reduction doesn't generate a buyer, another reduction may be necessary. The monetary value of a house is only what someone is willing to pay for it, but if the market analysis is done correctly, you will get the maximum amount--and a timely sale.
|
 |
| Q |
What unique contribution did the town of Flushing, New York make to the American home?
|
| A |
The flush toilet was invented in Flushing. |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
